US thirty year mortgages are priced off the ten year, not the thirty year. Their duration is similar to the ten year due the annuity structure of fixed rate mortgages. American Tower owns cell phone towers, at least they did when I last looked at them. Not sure why AMT would be affected by the housing market.
US thirty year mortgages are priced off the ten year, not the thirty year. Their duration is similar to the ten year due the annuity structure of fixed rate mortgages. American Tower owns cell phone towers, at least they did when I last looked at them. Not sure why AMT would be affected by the housing market.